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Cryptocurrency News Articles
From Shiba Inu’s Groundbreaking Token Burn to the Astonishing Milestone of $3 Million Reached by PEPETO and MicroStrategy’s Remarkable Bitcoin Investment, the Cryptocurrency World Has Been Buzzing With Activity Recently
Jan 07, 2025 at 01:40 am
Let's dissect these captivating headlines and explore what they mean for the larger crypto sphere. The King of Frogs, PEPETO, Reaches $3 Million in Presale
Shiba Inu’s (CRYPTO: SHIB) token burn has seen over 1.7 million SHIB tokens being pulled out of circulation, according to data from Shibburn.
The website, which tracks burn activity on the Shiba Inu network, showed a burn rate that increased 243.34% over the past 24 hours, with 1,717,872 SHIB tokens being sent to burn wallets.
The purpose of SHIB burning is to create scarcity, which will increase demand and drive up the price of the token.
MicroStrategy (NASDAQ:MSTR), a business intelligence firm and one of Bitcoin's largest corporate holders, has made the latest in a string of BTC purchases.
The company added 2,138 BTC to its holdings in its most recent purchase, bringing its total holdings to over 446,400 BTC, to be held till January 2025.
MicroStrategy had an outstanding track record of BTC purchases in 2023, and sources indicate that the company has no plans to slow down its pace of purchases.
Bitcoin’s price rose 1.2% over the past 24 hours and was trading at $95,000 at the last check.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- Bitcoin Revisits the Pivotal $100,000 Milestone, Coinbase Premium Index Turns Positive
- Jan 08, 2025 at 10:45 am
- With a significant move at the start of the week, Bitcoin has revisited the pivotal $100,000 milestone once again. This move has triggered a wave of fresh optimism among crypto enthusiasts as several key metrics have also seen positive movements alongside the recent upswing.
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- Bitcoin (BTC) Price Eyes Imminent Breakout as Whale/ Institutional Interest Drives Bullish Sentiment
- Jan 08, 2025 at 10:45 am
- By press time, the BTC price exchange was at $97,068 with a market cap of $1.918 Trillion. Consecutively, the global market cap reverted to $3.5 Trillion, while the 24-hour trading volume is at $183 Billion.
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- Binance Coin (BNB) Poised to Repeat 2021's 744% Rally, Target $5,980 by 2025
- Jan 08, 2025 at 10:45 am
- In 2021, Binance Coin (BNB) witnessed an extraordinary 744% surge just 262 days after the Bitcoin halving. Fast forward to 2025, and market observers are drawing some similarities between current price action and the historic rally.
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- Top 5 Crypto Picks for 2025: Leading with Innovation
- Jan 08, 2025 at 10:45 am
- As we approach 2025, the cryptocurrency market is brimming with opportunity. For those looking to broaden their holdings, identifying the most promising digital assets is crucial. This guide highlights five exceptional crypto picks for 2025—BlockDAG (BDAG), Avalanche (AVAX), SUI, Aptos (APT), and Fantom (FTM). Each coin is at the forefront of innovation and growth potential.
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- Ripple (XRP), Stellar (XLM), and IOTA (IOTA) Price Forecast
- Jan 08, 2025 at 10:45 am
- Cryptocurrency prices suffered a big reversal as concerns about a highly hawkish Federal Reserve led to a sell-off of risky assets. Bitcoin price plunged from this week's high of $102,000 to below $97,000, while the crypto fear and greed index dropped to the neutral zone of 57.